Asda cancels £750 million plans to sell forecourt business
The billionaire brothers who took over Asda earlier this year have abandoned a £750 million plan to fold the company’s petrol forecourts into their...
Does your bank allow you to set your own contactless card spending limit?
The contactless card transaction limit has been raised to £100 – but some people will be able to set their own limits.
However, this will...
Boots sales rebound after lockdown restrictions eased
Boots has hailed a “transformational year” as the pharmacy highlighted a sales rebound after the further relaxation in lockdown measures.
Owner Walgreens Boots Alliance (WBA)...
Eskmuir sells Wimbledon Sainsbury’s asset for over £30m
Eskmuir Properties has confirmed that it has completed the sale of 8-12 Worple Road in Wimbledon to Aberdeen Standard Investments for more than £30m.
The...
Cake Box sales jump as retailer opens 20 new stores
Cake Box has revealed that its sales have almost doubled for the past six months amid a strong recovery in customer demand.
The high street...
Morrisons takeover auction battle ends with £7bn bid from private equity giant
The battle to buy supermarket Morrisons has ended with private equity giant Clayton, Dubilier & Rice (CD&R) outbidding Fortress in a dramatic auction process.
The...
Virgin Money to close 31 branches
Virgin Money has announced plans to close 31 stores with the loss of around 112 jobs.
Bosses said the move comes as more customers switched...
H&M profits jump amid store footfall recovery
H&M has almost tripled its profit for the past quarter on the back of a “strong recovery” in sales as restrictions eased across the...
Boohoo doubles its market share in the UK and US
Online fashion giant Boohoo has revealed it doubled its market share in the UK and US since the start of the pandemic but profits...
Quiz shares plunge as losses more than treble amid pandemic
Fashion chain Quiz has seen shares plummet as it revealed annual losses more than trebled after lockdowns forced store closures and hammered demand for...